Money

Can someone settle an argument. Who owns the bank of England?
17:12 Thu 08th Mar 2012
 
Best Answer


No best answer has yet been selected by Crazy Golf. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

1 to 6 of 6

It is owned by the Treasury Solicitor on behalf of the Government.
(Wikipedia)
The state via HM Goverment, ie you and me!
Er, not officially, guys!

The Bank of England is officially owned by the Bank of England!
i.e. it's independent (and has been so since 1997)
http://www.bankofengl...ut/Pages/default.aspx
In 1997 The BoE gained "operational independence" to set interest rates however The Bank remains a public sector institution, wholly-owned by the Government, accountable to Parliament, with its entire capital held by the Treasury solicitor on behalf of HM Treasury.
Chris that's independence in their actions but that's an illusion anyway. The institution is public owned.
Probably Richard Branson or Rupert Murdoch, they seem to own everything else!

1 to 6 of 6

Related Questions

Hi Is there any way you can find out in which Banks/ Building Society you have invested your money? A friend of mine has suffered a nervous Breakdown and in hospital. She is trying to keep her...
1a Old mans guarding an idol in more than one temple P?????? 12a For example, an officer enters bank to get money ????l ?e???r 13a Woman's Spanish article inspiring english one E???? 14a Sacred song...
9a David left to capture favourite (4) ?D?E Idle ? 22a Family from China and originally Ulster get to meet Jehu's dad (6) ?A?A?I 3d Old money need at the outset to invest in expensive phone company...
My son went to pay for petrol with one of his bank cards and it was declined. He knew he had enough money in his account, so went to his bank. They told him that £350 had been taken and took him...
My husband and I own our home. We've paid our mortgage off. We have some inheritance money with which we wish to buy a second home (to live in, not to let, at this stage). Can I remove myself from the...
I have watched a couple of these episodes and find it really hypocritical. In instances where they visit houses with too many tenants, not once does the housing officer say come down to the housing...

Latest posts